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Norfolk Business News

Norfolk businesses are expressing ‘guarded optimism’, so the news that the UK economy contracted in the first quarter – thereby heralding a technical recession is unexpected. Norfolk businesses are advising of strong exports and plans to create more jobs. Read the latest comments on Norfolk...

• 40% of exporters saw an increase in export sales over the last three months
The fourth DHL/BCC Trade Confidence Index, a measure of the UK’s exporting health, reveals that exporters in the UK have seen increases in exporting activity over the first quarter of the year, with many businesses...

The 1987 Convention on a common transit procedure establishes the measures facilitating the movement of goods between the EU and Iceland, Norway and Switzerland.
The rules are effectively identical to those of the Community transit system, the procedure used for customs transit operations between...

Iconic companies including Mars, McLaren, Airbus, The Royal Mint and Sunseeker are among those selected to take part in a national exhibition, which showcases the very best of British manufacturing.
Beating competition from hundreds of UK companies, they will join around 40 others at the Make it in...

According to the British Chamber of Commerce in Belgium, Belgium is the UK’s sixth-largest export market, worth £10 billion a year. The UK is Belgium’s fourth-largest export market with two-way trade worth in the region of £22 billion, of which £2 billion is in services.
Flanders is the northern,...

The latest report from the World Trade Organization (WTO) offers bad news for exporters, noting that the 2010 "rebound" of 13.8% growth faded badly in 2011 to just 5% and is set to fall again, to 3.7% this year.
WTO economists have attributed the continuing slowdown to the global economy losing...

A network of companies fraudulently importing Chinese tube and pipe fittings via several countries in South East Asia, to evade high EU customs duties, has been uncovered.
Investigations carried out by the European Anti-Fraud Office (OLAF) and authorities in several EU Member States, in co-...

SEPA and IBAN may not mean a great deal to businesses at the moment but MEPs passing a proposal to make cross-border bank transfers faster, cheaper and safer are sure that they will.
The single Euro Payments Area (SEPA) Regulation lays down common rules and standards for euro credit and direct...

Three directives will be repealed and replaced on 8 May 2012 by one regulation.
Regulation 1007/2011 on textile fibre names and related labelling and marking of the fibre composition of textile products will repeal and replace the following directives.
•Directive 2008/121/EC on textile names.
•...